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FOX Business
Aug 31, 2013 1:00am EDT
for watching. appreciated. >> detroit is now the largest u.s. city to file for bankruptcy it cannot match it -- manages self. >> were at the end of the road. we can borrow any more money. john: detroit was -- now in such a wreck. >> for $1,500 you could buy this house. john: for years politicians promised that they would fix detroit. >> detroit show again become the great city that is its destiny. john: instead. >> they turned city hall into a den of bribes and kickbacks making themselves rich. john: is there hope for places like detroit? >> it will turn around the city of detit. >> the motor city. this is will we do. john: what's up with detroit? can this happen to your town? that's our show tonight. ♪ >> and now john stossel. ♪ john: detroit was once the richest city in america. i was three years old and. thatas the 1950's. now it's the biggest u.s. city ever to declare bankruptcy. so what happened? our guests tonight have some clues. first, fox news reporter works in detroit and just wrote, detroit, an american autopsy. an autopsy, one examines the dead body and tries to find out w
Aug 30, 2013 6:30pm PDT
barrio hispanos que puede ser la salvaciÓn de la ciudad de detroit. la >>> california arrastraron lodo, Árboles a los condados de san bernardino y rifvi riverside. debajo de un puente habÍa 5 pies de wa acumulada. >>> dentro del desastre econÓmico que es detroit. hay un punto de luz y esperanza. es un barrio latino, que puede convertirse en un modelo a seguir. janet rodrÍguez hablÓ con pequeÑos comerciantes que lo han apostado todo, por un mejor detroit. >>> jordi oriundo de barcelona instalÓ su cafeterÍa en el barrio latino de detroit hace algunos aÑos. >>> los pequeÑos comerciantes como yo nos ven como pequeÑos hÉroes. como Él hay much emprendedores a lo largo de la calle que le da vida al vecindario latino, mejor conocido como mÉxico antotown o suroeste de detroit. residen unos 45 mil hispanos. el gobierno federal sede aclaraba en bancarrota. comprÓ este bar en el corazon del barrio latino. >>> veo este lugar, que es una oportunidad, como le digo en la comunidad hispana y en el lugar mÁs fuerte de toda la ciudad los hispanos en su mayorÍa mexicanos han emigrado a de
FOX Business
Aug 31, 2013 12:00am EDT
, 12,500:1. i hope you made money today. it. thank you for watching. appreciated. >> detroit is now the largest u.s. city to file for bankruptcy it cannot match it -- manages self. >> were at the end of the road. we can borrow any more money. john: detroit was -- now in such a wreck. >> for $1,500 you could buy this house. john: for years politicians promised that they would fix detroit. >> detroit show again become the great city that is its destiny. john: instead. >> they turned city hall into a den of bribes and kickbacks making themselves rich. john: is there hope for places like detroit? >> it will turn around the city of detit. >> the motor city. this is will w
Aug 31, 2013 7:00am PDT
troubles have left a very heavy mark on detroit. homes left abandoned to the elements, entire neighborhoods wiped out. but it's not just people who are down and out in the city. [ tires screech ] [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer for 1.99% financing during our certified pre-owned sales event through september 3rd. then you'll love lactose-free lactaid® it's 100% real milk that's easy to digest so you can fully enjoy the dairy you love. lactaid®. for 25 years, easy to digest. easy to love. at humana, our medicare agents sit down with you and ask. being active. and being with this guy. [ male announcer ] getting to know you is how we help you choose the humana medicare plan that works best for you. mi familia. ♪ [ male announcer ] we want to help you achieve your best health, so you can keep doing the things that are important to you. taking care o
Aug 31, 2013 5:00am PDT
city. bringing ben affleck into the story will bring it to detroit. >> detroit will stand in for both batman's gotham and superman's metropolis. it will make it a super deal for both sides. >> welcome to "cbs this morning saturday." i'm anthony mason. >> and i'm vinita nair. the batman movie will no doubt give detroit a lift. it's also getting a lift from another source. cars. ford's first american build fusion rolled off the lines in detroit this week. it came after the maid inde in the usa campaign. >> we look at the global economy. it's titled "american-made move." >> the truth is in an increasingly global economy it takes manufactures from all over the world to make things necessary to have a baseball game. so no matter whether you realize it or not, we all have a loin with the things we make and buy in this country. >> we got greedy and that's why we're where we're at now. that's the sick part about this place. >> u.s. consumers would like to buy american. >> the idea that we have to make things in this country is back. >> we can compete on a gl
Aug 30, 2013 11:00pm PDT
, welcome back everybody. the as back home after taking three of four in detroit. joe madden's rays in town. several took bart to the coliseum because the bay bridge is closed. kurt suzuki batting ninth in the lineup. showing power over david price and it is 3-1as . top eight, 3- 2as . ryan cook gives up the sinker. tieing run comes in to score. 3-3 in the 8th inning. that is where we stud until jed lowrie down the line in right, just fair. coco crisp races home from second. as win the game 4-3. they are now two back of texas in the west. parker by the way ties cat fish hunter with 17 straight start without a loss. good for him. the giants only had three hits today, but it turns out that was enough. angel pagan gets a bro hug from the president. he is back since that hamstring injury may 25. look at this. pagan delivers in his first at bat. just the third pitch of the game for the only run of the game. bottom 6th inning now. here is the play of the game. pablo sandoval, they say he has lost about 25 pounds. he shows he is doing it here with the nice stop and throw. the benches love it. tha
Aug 30, 2013 8:30pm PDT
of this fiscal approach. then we can say to cities like detroit and others, we've got the answer, that you don't have to do what you did in the past or don't fall into the traps that we have the answer here in san francisco. and that will continue to be a consensus building approach taking care of our responsibilities. with that, i'd like to give the podium for a while to this year's chair of our budget committee, of course is mark farrell. (applause) >> well, thank you to mayor lee for his great leadership during this process. you know, after months of debate in city hall, after six town halls in our different neighborhoods, after an online town hall, i think what i'm most proud of today is that we're signing a budget that is not only representative of the mayor and his team and the board of supervisors, but as we stated in the beginning, we wanted a budget that reflected the values of san francisco, of all san francisco. and i think we've achieved that today. i want to take a quick moment to thank all those involved, starting off with my colleagues on the board of supervisors, to everyone. i
Aug 31, 2013 4:00pm PDT
, in chicago, detroit, philadelphia, and all over this nation, the black masses are on the march for jobs and freedom. >> in the five decades since, john lewis has become an icon of the civil rights movement, a hero who faced down brutal southern police in the name of freedom and was beaten bloody for daring to do so. today, he is a 14-term congressman from georgia. recently, he and i returned to the national mall in washington to remember that day in 1963 and the march that changed america. >> people were all the way down. and you just saw hundreds and thousands of individuals. i'm john lewis, and i was the youngest speaker. ten of us spoke. i spoke number six. dr. king spoke number ten. and out of the ten people that spoke that day, i'm the only one still around. >> congratulations. >> what's that? >> congratulations. >> thank you very much. >> it was a great moment in american life. >> you were his friend? >> yeah. i got to know dr. king. i met him in 1958 when i was 18. but i first heard of him when i was 15 years old in the 10th grade. we worked together. we marched together. we got
Aug 30, 2013 8:00pm EDT
to the end of july, the bankruptcy of june choi it -- the bankruptcy of detroit. there was an interesting confusion ourng media assistance. we have not seen that. detroit has faded away from the conversation in washington. have you been working on that with the ministration? do you think something is forthcoming? what would that -- what is key here, what would that systems entail? the fed can lead to detroit? more infrastructure grants go to the city. try to be as specific as possible as what the federal solution would be. >> we do not have time to wade through all that be specific. 30 seconds or less. let me talk about bankruptcy in able get to as much of your question as we can. there are two instances over the last couple of months where there has been abuse of the bankruptcy laws. take the one dealing with people and minerals. peabody coal has been in the industry for 100 years. they became a staple. alone back inand 1970. what do they do? arch get all of the legacy costs from a all those hundred years. the create this coal company called patriot. they put all most all of the legacy c
Al Jazeera America
Aug 30, 2013 11:00pm EDT
. the biggest for the tigers is miguel cabrerra with a sore abdoman. they took control of the game. detroit led 7-2 and the game was called in 27th innincalled in 7o rain. now to tennis and after seven-plus tours on tour. he heard criticism for his inability to win the big one. something put to rest by winning the gold medal at the london olympics and the london title a u few weeks a go and become the first brit to win that championship in 77 years. and that the years *urs open the defending champ is seated third. both players born on the same day. he's a huge hit an forced him to run all over the court to return those powerful ground strokes. that's an area which murray kpeld and that's what he did in this match winning the last five games in a row and a 7-5, 6-1, 3-6, 6 -1 victory. >> it's very difficult for wimbledon for example an it's something that u you need to enjoy. there's always noise during the points. you hear words at wome at womene quiet. >> the placing 87 ranked of germany and the number one player in the world placed two set points early in the second round match but saved both
Aug 31, 2013 8:00am EDT
have seen it with one scandal after another whether you are the mayor of detroit going to jail or you are the governor of illinois it goes on and on. the just obliterate the label. but if you are a republican, it leads with republican. the republican larry craig today. and you see that coverage. it is
Aug 31, 2013 3:00pm EDT
is focusing on detroit. a city that is gone through incredible pain. and this is an opportunity for those of us who believe this is the greatest country in the world for people to have the opportunity to become all that they can be. we can go to detroit and it's a city where we which party has run that city for the past 50 years and we can propose different solutions, solutions . sed on our free enterprise strongly encouraging enterprise zones in detroit but we need ideas. anyone want to talk to us about detroit, that's where we think is one of the most important places to have an impact and to share in the cause that each of us believe. it's an honor to be with you all to share some words. i appreciate the opportunity. and god bless you. god bless america. thank you. >> thank you. now we will hear from mr. bob woodson sr., founder and president for the center of america.integrated >> good afternoon. the dr. king i remember was a man who was not content with reflecting the majority opinion or the consensus of the majority but he challenged it. we forget that the civil rights movement was
FOX Business
Aug 31, 2013 2:00am EDT
detroit, america is in big trouble. that's our show. see you next week.d show. tune in. charles: hello, everyone. i am charles payne, it is time to make some money. no more days at the beach and the stock market the toughest month of the year. i will tell you what to look out for in september. and the notion of so-called cheap stocks and the idea we play the market. the worst is the false idea of diversification. more than likely have fallen into that trap. we covered a lot this week and we will give you coverage of the week and months ahead, because it is all coming up on "making your market." stocks fell across the board today, this is not taking long heading into this holiday weekend. especially not with the uncertainty in syria. one of the worst months for stock since last may. utilities and financials led the market ler. the dow lost four and .5%, the s&p 500 lost ov 3%. still the market up easily double digits so far this year so let's get to our panel. i will never mess that up again. and this one, our friend. guys, let's talk a little bit about this month, the worst mont
Aug 31, 2013 6:00am EDT
. we dealt with the attempted christmas day coming aboard an airliner down for detroit. 20 10 air cargo threat as well as other plots that were effectively mitigated. some more international in scope and origin like the christmas they plot was involved a nigerian citizen who purchased ticket in ghama,. flew from legos to amsterdam and attended to ignite a bomb en route to america. from that attempted attack, we learned that relevant information possessed by u.s. customs and border protection needed to be available overseas at the last point of departure for the united states. we fixed that. we learned that our adversaries were moving to nonmetallic devices. we adapted our screening technology and tactics to counter that. and we learned that a single vulnerability in any part of the aviation system can make everyone connected to it vulnerable. since we don't control security at foreign airports, we have to work even more closely with international partners to raise the overall security of the system. we did that. shortly after the christmas day plot, i launched a worldwide initiative to
FOX News
Aug 31, 2013 12:00am PDT
. >> as it should. as do a lot of these stories. mily cyrus should depress you. look at this and detroit had to barrow some $50 million to get the schools open on time. chicago is $404 million in the hole with their teacher pension fund this year. this is where we are going with this and we can't deal with the serious problems we've got. we don't have anybody up on capitol hill willing to deal with it. because why? we don't have term limits. see what i did there? >> i still didn't see that. >> you didn't see that coming, did you? >> no. >> april, you are from chicago, right? >> i still live there. >> what do you think of how the city is going? >> it is very dangerous. it is sad when kids can't walk to school. i remember being able to walk to school. i lived in the suburbs of chicago and it is safe and they don't have the luxury of doing that. why should a kid have to be nervous going to a place of education. school sucks. why should you be more scared to go to school? >> thanks for the message. >> it makes you look forward to school if you know you made it alive. i don't know. andy, this pro
Aug 30, 2013 6:00pm PDT
. in 2010, the national graduation rate was at 78%. compare that to cities like atlanta at 66%, detroit 62%. check out philly, my hometown, 58%. what's even more depressing is the graduation rate among african-americans who actually make it into college. according to the journal of blacks in higher education, african-americans who actually make it into college. according to the journal of blacks at higher education, that is only 42% at college, once you get in. a new book tells the fascinating story of how african-american students do well at the time they had limited resource, at dunb d dunbar college. allison, thank you for joining us. let me ask you about generations and progress and your experience with your family, which is perhaps the heart of this story of t . what has happened over the last several generations? >> it is an amazing story, i told you, chris, i'm working on a story about dunbar high school, i was working on a story where my grandfather went, my parents went. he goes, oh, you're one of those, because you knew the story of dunbar, the athlete school during segregation,
Aug 30, 2013 11:00pm EDT
, right? this is a bailed out industry from detroit that says, we're competing with the best of the best. so it's just a mindset. although it's a -- tablets have been ubiquitous, but legacy systems like airlines and car manufacturers are just starting to put them into -- adopt them. now, if industry, cutting edge, competing with a lot of other competitors, internationally, takes this long to bring these technological innovations and adopt them in their products, the government, which is a monopoly, takes a little longer. so, the biggest challenge that i see and that was a great question -- how do you still have quality control but find a way to rush to market or whatever the appropriate -- for the government, technologies or even just nontechnological innovations that could help make the product or service better. >> i would just simply say i think we covered it earlier, the biggest barrier is the fear of failure, and not being able to learn from failure. and that i think goes to government in terms of personnel systems in terms of being able to admit when a program isn't working, and th
Search Results 0 to 19 of about 20 (some duplicates have been removed)